loan programs: First Time Home Buyer in FortWorth TX
- 01/12/17 09:29 AM
Being a First Time Home Buyer in Fort Worth, Texas makes you have to consider your options before you buy. The first thing you will need to consider is what your long-term goals are with being a home owner and how your goals fit in with that plan. One goal could be to stop paying rent that just increases after every lease you renew Buying your own home first is one of the happiest times of your life! However, a lot of paperwork and time goes into it and finding a lender with great reviews will ease much of the stress. But, the satisfaction you get from your … (1 comments)
loan programs: College Station TX FHA Streamline Refinance Loans
- 01/03/17 07:10 AM
College Station TX FHA Streamline RefinanceLOANS are as special mortgage product, reserved for homeowners with existingFHA mortgages. FHA Streamline refinancesare the fastest, simplest way for FHA-insured homeowners to refinance their respective mortgage into today’s lowMORTGAGE RATES
Below are some of the requirements for an FHA streamline:
You must be current on YOUR existing LOAN WITH all MORTGAGE PAYMENTS made on time for the last year. You must own the original property and have made at least six MONTHLY MORTGAGE PAYMENTS before you can qualify for REFINANCING. To REFINANCE, you’ll need an FHA-approved LENDER. If you don’t want to use yourcurrent LENDER, any MORTGAGE LENDER YOU CHOOSE must be FHA approved. FHAStreamline LOANS do not require an appraisal, but a no-appraisal LOAN cannot exceedYOUR current LOAN. CLOSING COSTS must BE PAID up front or arranged for through a “no-cost”FHAStreamline LOAN. You may also CHOOSE to include the CLOSING COSTS into your LOAN by doing a “with appraisal”FHA Streamline LOAN. In these cases, you … (1 comments)
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